SB795 — Modify Taxation of 1031 Exchanges.

SB795 — Modify Taxation of 1031 Exchanges. · Informed CitizenryThis bill modifies the taxation of certain amounts of gain in a 1031 exchange. It amends General Statutes 105-130.5(b) and 105-153.5(b) to allow a deduction from North Carolina state net income or…Open in Informed Citizenry